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Essex 01952
6 Gerrish Rd
$400,000
● House - Off Market

6 Gerrish Rd

Salisbury, MA 01952
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,600 Ft²
$645,797
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

This nicely maintained  Bow Cape has tons of curb appeal! Hardwood floors throughout!  Home boasts a generator and a 4 year old gas heating system! House is nicely situated on a  beautifully landscaped, level lot.  Large Master Bedroom has excellent closet space and a Cathedral Ceiling. Lots of extra: Additional storage in attic, mudroom, shed.     Detached oversized 2 car garage has a nicely finished room above it (approx. 500 sq. ft), including an additional 3/4 bath, electric heat and tons of storage. Possibilities are endless!  SELLER REQUESTS NO SHOWINGS PRIOR TO 10:00 AM.THANK YOU!  OPEN HOUSE 5/21/17 HAS BEEN CANCELED.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$253
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72152711)

Price History

Date / Event Date Event Price
Jul 14, 2017 Sold
Premium
Sold
Apr 24, 2017 Listed by Keller Williams Realty $404,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 4
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,040
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,001
  • Total Building Area: 1,872
  • Gross Building Area: 3,253
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LORRAINE E SOUTHER
  • Land Acres: 0000000758
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 267102

Zoning

  • Zoning: R2

Geography

  • Account Number: 122/5
  • Parcel: SALI M:20 P: 49
  • Municipality: SALISBURY
  • Latitude: 42.8501
  • Longitude: -70.8641

    Address

  • Full Address: 6 Gerrish Rd
  • Address - House Number: 6
  • Address - Street Name: Gerrish
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salisbury
  • Carrier Code: R001
  • 4-Digit Zip Code: 1901
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $577,400

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 671,860
  • High Value: 782,652
  • Low Value: 561,068

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $552,500
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $382,500

    Sales

  • Current Sale Recording Date: Jul 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 128
  • Previous Sale Recording Date: Jul 23, 2004
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2533 ft²

Average Home Age

72.6 years

Currently For Sale

1471 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 238 Lafayette, Salisbury, 01952

$2,100 /mo

  • Studio
  • 1 Bath
  • 461 ft²
238 Lafayette #105, Salisbury, 01952 Listing by Patrick Carey
Unit for rent at 246 South Main, Seabrook, 03874

$1,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,120 ft²
246 South Main, Seabrook, 03874 Listing by Robert Gilman

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72152711

Frequently Asked Questions

When was property at 6 Gerrish Road built and last sold?
The property at 6 Gerrish Road was built in 1988 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 6 Gerrish Road is $420,165.
What are some comparable homes to 6 Gerrish Road?
There are currently no comparable homes to 6 Gerrish Road.
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